CHETAN DOSHI,MUMBAI vs. ASST. COMMR. OF INCOME TAX CENTRAL CIRCLE 45, MUMBAI

The appeal of the assessee is directed against the order dated 30.11.2010 passed by Ld CIT(A)-36, Mumbai and it relates to the assessment year 2007-08. None appeared on behalf of the assessee even though the notice of hearing was sent to the assessee by RPAD on more than one occasion. Hence, we proceed to dispose of the appeal ex-parte, without the presence of the assessee.

We heard Ld D.R and perused the record. We notice that the assessing officer has made additions on account of unexplained cash, unexplained credit in the books and unexplained jewellery. We notice that the assessee has failed to prove the sources of them to the satisfaction of the assessing officer and hence the above said additions were made. Before Ld CIT(A) also, the assessee has failed to furnish the details and hence the first appellate authority has sustained the additions. Before us, no material was placed to compel us to interfere with the view taken by the Ld CIT(A). Under these circumstances, we have no other option but to confirm the order of the Ld CIT(A).

In the result, the appeal filed by the assessee is dismissed.